What are spending limits?

Spending limits are the maximum amounts with which users are permitted to transact. We allow Admins to set both daily spending limits and per-transaction spending limits for users, defined in BTC. Any attempts to initiate a transaction greater than the spending limit will require a secondary approval from another Admin. If you want to set up your wallet so that any transaction, regardless of size, requires an additional approval, you can set your spending limits to zero.

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